Indian Telephone Industries Limited · NSE:ITI
Indian Telephone Industries — ITI — Investor Presentation (November 2020)
38 slides from Indian Telephone Industries's investor presentation, November 2020
Slide 1: ITI Limited Investor Presentation November 2020
Evolution from a project execution expert to solutions provider… ITI Limited Investor Presentation November 2020
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by ITI Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or b
Slide 3: Table of Content
Table of Content Company Overview Business Overview Financial Highlights Way Ahead 3
Slide 4: Company Overview
01 Who we are Company Overview 02 Journey So Far 03 Management Team
Slide 5: About Us
About Us Transformation from telecom equipment manufacturer to telecom technology Company PSU under Dept. of Telecommunications (DoT) offering diverse suite of information & communication technology products & services across various industry segments Modern Manufacturing Facilities & In-house Str
Slide 6: Journey So Far
Journey So Far Commenced turnkey project for Commenced projects for supply of BSNL STM-64 equipment, STM-16 ADMs Turnkey project in 11 districts of equipment, ADSL2PLUS type II CPEs Afghanistan – 35,000 subscriber Commenced for broadband, GPON equipment, Turnkey project for Turnkey proje
Slide 7: Journey So Far
Journey So Far Received certificate of compliance from NPCI Started supplying HDPE Ducts Received purchase order for MCEU for Defence and Solar Panels to MahaNet Commenced turnkey networks of BSNL MoU with Tech Mahindra for project for BSNL transfer of technology agreement with Centre 4G
Slide 8: Key Management Team
Key Management Team Shri Rakesh Mohan Agarwal Shri Shashi Prakash Gupta Chairman & Managing Director Holds bachelor’s degree of engineering in electronics, Master's degree Director Human Resources in Electronics & Communications engineering from University of Holds degree in Bachelors of Technol
Slide 9: Key Management Team – Independent Directors
Key Management Team Independent Directors Dr. Akhilesh Charan Dube Shri Rajen Vidyarthi Independent Director (Non-Executive) Independent Director (Non-Executive) Holds M.B.B.S degree from University of Jabalpur and Master of Holds bachelor’s degree in commerce from Rohilkhand University Surgery
Slide 10: Business Overview
01 Business Segments – Products, Turnkey Projects and Services 02 State of art Manufacturing Facilities 03 Network Systems Unit, R&D Centre, Skill Business Overview Development Centre, VINYAS 04 Application of offerings in various sectors New Developments Key Strengths 05 Well established re
Slide 11: Business Segments - Manufacturing
Business Segments - Manufacturing Products Manufactured / Traded Products Projects and Solutions Smart energy meters IoT products Managed leased line network products GPON OLT & ONT Radio modems (MLLN) PCM multiplexers AN rack hardware Electronic push button/Caller Micro personal c
Slide 12: Business Segments – Turnkey Projects
Business Segments – Turnkey Projects ASCON BharatNet 01 Providing maintenance service for Army’s Manufacturing, supplying & installing GPON modern communication network across India technology equipment for GoI’s flagship For ASCON Phase IV, project implementation project “BharatNet”, which ai
Slide 13: Business Segments – Services
Business Segments – Services Assembly & Testing of various flight Contract Manufacturing & Telecom IT Products and Services Component Screening Lab packages for VSSC Equipment Testing Services An exclusive SEFC* to manufacture Space An Exclusive facility of Contract Hosting services along with suite
Slide 14: State of Art Manufacturing Facilities
State of Art Manufacturing Facilities Bangalore Unit First Plant set up in 1948 with vertically integrated infrastructure Major products includes Digital switches, Next Generation Network equipment, Digital Microwave equipment, Satellite communication equipment, Defence Secrecy equipment, Access
Slide 15: State of Art Manufacturing Facilities
State of Art Manufacturing Facilities Raebareli Setup in 1973 and has electronic manufacturing infrastructure Presently, this unit manufactures GPON (OLT &ONT) and SMPS Also manufactures Optical fibre Cable (OFC) and HDPE pipes Palakkad unit Set up in 1976, the unit is executing turnkey proj
Slide 16: Network Systems Unit, R&D Centre, Skill Development Centre
Network Systems Unit, R&D Centre, Skill Development Centre Network Systems Unit R & D Centre Skill Development Centre VINYAS An Independent Business Unit Located at Bangalore Located in Bengaluru and 1000-seater start-up hub- Specialises in providing Telecom “VINYAS” at Bengaluru Srinagar
Slide 17: Application of offerings in various sectors
Application of offerings in various sectors Defence Telecommunications Space Cyber Security E Governance Medical 17
Slide 18: Recent Developments
Recent Developments MoU signed with M/s Tech Mahindra for to work together in areas of 4G & 5G Wireless Technology, Equipment Manufacturing, Smart Cities, Health Care Services. This initiative is to build next generation wireless network in area of telecommunications Received Letter of Intent (L
Slide 19: Key Strengths
Key Strengths Diverse Products & Services offering Experienced Board, management team across sectors 03 and skilled workforce 04 Well established relationship with certain 02 PSUs, MoD & other GoI agencies Revitalized Company with improving 05 financial performance 01 06 Modern manufacturing infrast
Slide 20: Well established relationship with PSUs, Ministry of Defence & other Government agencies
Well established relationship with certain PSUs, Ministry of Defence & other Government agencies Diverse products & services has helped forge ITI contributes to number of campaigns and relations with customers including PSUs policy initiatives sponsored by GoI History of high customer retention - Su
Slide 21: Order book Position: Segment wise
Order book Position : Segment wise Order Book as per business Amt (Rs. Cr.) segment* Products 541.12 Services 8,013.42 39% Turnkey Project 9,694.50 Total 18,249.04 *As on 31st October 2020 3% 61% 44% 53% Purchase Order Adv. Purchase Order Order Book as per business Amt (Rs. Cr.) segment* Purchase Or
Slide 22: Orderbook Position: Customer wise
Orderbook Position : Customer wise Others Order Book as per Customer State 1.65% Amt (Rs. Cr.)* % Governments Type 12.63% PSU Customers 7,772.38 42.591 % Ministry of Defence 43.12% State Governments 2,305.72 12.635 % Other GoI Agencies 186.46 1.022 % Other Customers 115.29 0.632 % Ministry of Defenc
Slide 23: Social Responsibility during COVID-19
Social Responsibility during COVID-19 Adopted 1,000 families in neighborhood communities at Ambedkar Nagar colony, Bengaluru and distributed 3,000 kits of ration to needy people of area as CSR measure 01 Contributed Rs. 1.09 crore to Prime Minister’s citizen assistance and relief in emergency fund (
Slide 24: Consolidated Financial Highlights
01 Product/Segment/Services wise Revenue Breakup 02 Quarterly Financial Highlights 03 5 Years Annual Financial Highlights Consolidated Financial Highlights 04 Annual Financial Highlights – FY20 05 Balance Sheet Highlights- As on 31st Mar’20 06 Key Ratios
Slide 25: Product/Segment/Services wise Revenue Breakup
Product/Segment/Services wise Revenue Breakup FY 2019-20 FY 2019-20 % of Total % of Total Business Segments (Including GST Turnkey Projects (Including GST & Revenue Revenue & Rs. in cr) Rs. in cr) Products 65.36 2.72 % MAHANET 619.05 25.76% Services 447.98 18.64 % Guj NET 1,056.68 43.97% Turnkey Pro
Slide 26: Product/Segment/Services wise Revenue Breakup
Product/Segment/Services wise Revenue Breakup Turnover for FY 2019-20 mainly constituted from BharatNet Phase II Projects viz. Gujnet and MahaNet Revenue as per Amt (Rs. in cr) Projects, Network For Spectrum (NFS) project % Customer Type for FY20 Business generated by Corporate Marketing & MSP
Slide 27: Chairman and Managing Director's Message – Q2 & H1 FY21
Chairman and Managing Director’s Message – Q2 & H1 FY21 Commenting on the results, Shri Rakesh Mohan Agarwal, CMD, ITI Ltd. said: ITI Ltd. has been bravely cruising through the headwinds of the past few of quarters. Inspite of the highly challenging times, we have been able to regain the lost ground
Slide 28: Quarterly Financial Highlights – Q2 FY21
Quarterly Financial Highlights – Q2 FY21 Rs. Crore Q2 FY21 Q2 FY20 Y-o-Y • 3% YoY increase in total Income to Revenue from Operations 433.97 419.50 Rs. 433.97 crore in Q2 FY21. COVID Other Operating Income 0.00 0.00 19 pandemic hampered production Total Income from Operations 433.97 419.50 3.45% and
Slide 29: Half Year Financial Highlights – H1 FY21
Half Year Financial Highlights – H1 FY21 Rs. Crore H1 FY21 H1 FY20 Y-o-Y Revenue from Operations 598.98 580.44 Other Operating Income 0.00 0.00 • Revenue growth on account of higher contribution from Total Income from Operations 598.98 580.44 3.19% Mahanet, ASCON, AMC and Cost of Material Consumed 4
Slide 30: Balance Sheet Highlights - As on 30th Sept'20
Balance Sheet Highlights - As on 30th Sept’20 As on 30th As on 31st As on 30th As on 31st Rs. Cr Rs. Cr Sept’ 20 Mar 20 Sept’ 20 Mar 20 Equity 2,212.86 2,369.28 Non-current Assets 3,044.14 3,278.92 Equity Share Capital 925.12 925.12 Property, Plant and Equipment 2,605.16 2,625.29 R&S 1,287.74 1,444.
Slide 31: Annual Financial Highlights – FY20 vs FY19
Annual Financial Highlights – FY20 vs FY19 23.41% 248.96% 1329 bps Revenue from Operations EBITDA EBITDA Margin Rs. 2,058.87 Crore Rs. 149.70 Crore 7.26% 63.02% 178 bps 112.16% PAT PAT Margin Basic EPS Rs. 150.86 Crore 7.33% Rs. 1.57 vs. Rs 0.74 FY19 31
Slide 32: Annual Financial Highlights – FY20
Annual Financial Highlights – FY20 Revenue (Rs. Cr) EBITDA (Rs. Cr) / Margin (%) 200 7.3% 10% 2,058.87 5.5% 150 5% 1,668.37 149.5 1,548 1,484.16 100 81.4 0% 1,190 50 -6.0% 0 -6.8% -5% -50 FY16 FY17 FY18 FY19 FY20 -10% -100 -14.5% -104.6 -100.4 -15% -150 FY16 FY17 FY18 FY19 FY20 -200 -172.4 -20% PAT
Slide 33: Annual Financial Highlights – FY20
Annual Financial Highlights – FY20 Rs. Cr. FY20 FY19 YoY% Income from Operations 2,058.87 1,668.37 Other Operating Income 0.00 0.00 Total Income from Operations 2,058.87 1,668.37 23.41% Raw Materials 1,202.55 1,067.65 Purchased of Stock in trade 418.68 321.64 Changes In Inventory (40.29) (11.29) Emp
Slide 34: Balance Sheet Highlights - As on 31st Mar'20
Balance Sheet Highlights - As on 31st Mar’20 As on As on As on As on Rs. Cr. st st Rs. Cr. st st 31 Mar 20 31 Mar 19 31 Mar 20 31 Mar 19 Equity 2,369.28 1,833.05 Non-current Assets 3,278.92 2,900.50 Equity Share Capital 925.12 897.00 Property, Plant and Equipment 2,625.29 2,626.96 Capital work in pr
Slide 35: Key Ratios
Key Ratios RoE (%) RoA (%) 4.3% 4.8% 35.0% 24.2% 3.3% 2.0% 1.3% 13.9% 5.1% 6.4% FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 RoCE (%) Net Debt/Equity (x) 18.7% 1.52 16.5% 13.5% 1.05 8.2% 0.71 0.67 6.5% 0.50 FY16 FY17 FY18 FY19 FY20 FY16 FY17 FY18 FY19 FY20 RoA = Net Profit/Total Assets \ Net D/
Slide 36: Way Ahead
Way Ahead 01 Way Forward
Slide 37: Way Forward
Way Forward Teaming with innovative technology leaders and start-ups Entering into new business segment with design and development from in-house R&D centre Reduce operating costs, increase operational efficiencies and improve productivity and better utilization of assets Augment manufacturing capab
Slide 38: Thank You
Thank You ITI 523610 ITI:IN ITEL.NS For further information, please contact: Company : Investor Relations Advisors : ITI Ltd. Bridge Investor Relations Pvt. Ltd. S Shanmuga Priya Amit Sharma / Anviksha Konnure Company Secretary ITI Limited +91 9867726686/ +91 9769279361 +91 80 2561 7486 Bridge Inves